Shiba Inu lead developer Shytoshi Kusama released a statement on Thursday, August 17, addressing the reported technical difficulty of the Shibarium bridge to the Ethereum network.
On Wednesday, the Shiba Inu team finally launched the mainnet of the much-anticipated Ethereum layer 2 solution. However, a few hours after launch, reports stated that the Shibarium bridge, designed to enable the seamless bidirectional transfer of assets with Ethereum, had become inoperative.
According to a post by Whale Chart on X, more than $1.7 million worth of ETH was stuck in the Shibarium bridge when this fault developed.
No Bridge Issue, All Is Well, Kusama Says
In a letter addressed to the Shibarmy – a nickname for Shiba Inu’s supporters – Shytoshi Kusama began by stating, “there was no issue with the Shibarium bridge and all users’ assets were safe.”
Shortly after reports emerged on the Shibarium’s bridge issue, a…
